141 Main StSouth Portland, ME 04106

  • Office properties
  • 3,928 SF
For Lease
$15/SF/YR View listing

Property Details for 141 Main St

Year built
1977
Construction
FRAME
Lot size
0.44 AC
Property size (Sq ft)
3,928 SF
Zone code
Z
Property type
Office properties
Property subtype
Office buildings
APN
SPOR M:032 L:015
APU
SPORM032L015

Description

This exceptional 2,500 square foot office space at 141 Main Street in South Portland, Maine, presents a fantastic opportunity for businesses seeking a convenient and well-appointed location. Situated in Cumberland County, this single-tenant traditional office building boasts a highly desirable address with easy access to major transportation arteries. Less than half a mile from I-295 and directly accessible from US Route One, commuting is a breeze for employees and clients alike. The space itself is thoughtfully designed to maximize functionality and efficiency. Features include a central HVAC system ensuring year-round comfort, ample on-site parking for staff and visitors, and a well-planned layout. The interior comprises five private offices, providing ample space for individual work or team collaboration. Additional amenities include a convenient kitchenette, a dedicated restroom, a reception area perfect for greeting clients, a formal conference room ideal for meetings and presentations, and dedicated storage space for organizational needs. This turnkey solution offers immediate occupancy and is ready for your business to thrive. The property's address is 141 Main Street, South Portland, ME 04106.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $649,416
    6.5%
    $599,461
    7%
    $556,642
  • Comparable approach

    Method
    Valuation
    Relative Method
    $513,232
    Geo Method
    $513,232
  • Alternative Use

    Use
    Valuation
    Residential
    $743,331
    Hospitality
    $680,887
    Educational
    $566,490
    Medical
    $585,973
    Retail
    $881,207
141 Main St, South Portland, Maine

Location Insight

City
South Portland
County
Cumberland
State
Maine
Latitude
43.6347
Longitude
-70.2881
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,861
$173,300
$311,900
$485,200
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FAQs

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